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Falsified Medicines Directive Implemented

On the 9th February the Falsified Medicines Directive was implemented in the whole of the European Union. GRTU is at the forefront in implementing this directive and was instrumental in founding MAMVO, the Maltese Medicines Verification Organisation. In less than 7 months, significant investments were made in order to assist pharmacies and wholesale dealers implement software and systems enabling them to comply with this directive.

Business Survey 2018

This morning, GRTU published the results of it's annual Business Performance Survey. The study is conducted online and on the phone by GRTU's own team. This year, the number of respondents was 250 and these included many different types of businesses. The locations of the respondents are from across the Maltese Islands and include retail establishments that are located in shopping centers. The main aim of the study is to compare business performance in 2018 as compared to 2017.

The survey results show clearly that overall, 2018 was a better year for business than 2017. The increase in turnover is coupled with a lesser although significant increase in profits it was reported.

The results show that clearly, the most significant challenge that businesses are facing is employee shortage. Data shows that in spite of this, staff turnover is not overly significant. Businesses report that they are having to raise the wages of their employees so that they can reduce staff turnover.